Public Money Drainage Act 1850

PUBLIC MONEY DRAINAGE ACT 1850

CAP. XXXI.

An Act to authorize further Advances of Money for Drainage and the Improvement of Landed Property in the United Kingdom, and to amend the Acts relating to such Advances. [15th July 1850.]

9 & 10 Vict. c. 101.

10 & 11 Vict. c. 11.

11 & 12 Vict. c. 119.

10 & 11 Vict. c. 32.

12 & 13 Vict. c. 59.

12 & 13 Vict. c. 23.

Treasury may advance 2,000,000l. for Improvement of Landed Property in Groat Britain, and 200,000l. for Ireland.

WHEREAS an Act was passed in the Tenth Year of Her Majesty, intituled An Act to authorize the Advance of public Money to a limited Amount to promote the Improvement of Land in Great Britain and Ireland by Works of Drainage, and the said Act was explained and amended by another Act passed in the Tenth Year of Her Majesty; and an Act was passed in the Twelfth Year of Her Majesty; to simplify the Forms of Certificates under the said first-mentioned Act; And whereas an Act was passed in the Tenth Year of Her Majesty, intituled An Act to facilitate the Improvement of Landed Property in Ireland; and the said Act was amended by an Act passed in the last Session of Parliament; and an Act was passed in the same Session, “to authorize further “Advances of Money for the Improvement of Landed Property, and the Extension and Promotion of Drainage and “other Works of public Utility, in Ireland:” And whereas it is expedient to authorize further Advances of Money for Drainage and the Improvement of Landed Property in the United Kingdom, and to amend the Acts relating to such Advances:’ Be it enacted by the Queen’s most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, That it shall be lawful for the Commissioners of Her Majesty’s Treasury to issue and advance or cause to be issued and advanced out of the growing Produce of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, in addition to the Sums already authorized to be advanced for the Purposes herein-after mentioned, such Sum or Sums of Money, not exceeding in the whole the Sum of Two million Pounds, as may be required for the Purposes of Loans for the Improvement of Landed Property in Great Britain, and such Sum or Sums of Money, not exceeding in the whole the Sum of Two hundred thousand Pounds, as may be required for the Purposes of Loans for the Improvement of Landed Property in Ireland, or, if the Commissioners of Her Majesty’s Treasury so think fit, it shall be lawful for them to cause any Number of Exchequer Bills to be made out at the Receipt of the Exchequer at Westminster for any Sums of Money not exceeding in the whole the said Sums of Two million Pounds for Great Britain, and Two hundred thousand Pounds for Ireland, as they shall think fit to direct for the Purposes aforesaid, but provided that the whole Amount of such Advances out of the Consolidated Fund and by Exchequer Bills shall not together exceed the said Sums of Two million Pounds for Great Britain and Two hundred thousand Pounds for Ireland.